₦airaland Forum

cedricksly:
every single thing you said here is generic, my best bet is chat got or one of the ai, coz it you have engaged in such business or know someone who has, u will know 20k daily from any of those business is unsustainable.

Suffice to say you never actually tried any but you already know that every part of the country these businesses will not generate that profit - una negativity is outstanding, na only pastor fit convince you people!

From the responses, it is clear Nigerians are people who don't like taking risks rather prefer quick cash and because they are gullible towards religious men the best business for them is PASTOR business.

If ₦500k is all you have, consider mobile or digital ministry:

Online Ministry (YouTube, WhatsApp, TikTok):

Invest in a good smartphone + ring light.

No hall rental, minimal equipment.

₦500k is enough to start and grow a following.

Street Evangelism or Community Outreach:

Speaker + microphone backpack setup.

Use local parks, streets, or event tie-ins.

Focus on small gatherings or cell fellowships.

Love800:
Wow, i appreciate.

Lastly, how will he see and contact this village people to come process the cassava?
That means he will be doing this business in the village and not inside town?

Depends on the location of his farm. There are people who fry garri. Just enquire around. They're more and cheaper in the villages.
Village farming is better and cheaper but selling the garri in town will give more money.

With this your capital, you must risk something or continue whatever gave you that 500k

binary123:
Forex trading and betting are not business.pls I don't need such business ideas,
I cherish my money. I beg.

holicupp:
Business center my younger brother makes more than 20k daily here is the break down of things he does
Charging of phone each phone ₦400
Movie ₦50 and music ₦20 download
Ps2/PS3 if there's light ps2 is ₦50/gen₦100 for a round
Ps3 light ₦100/gen₦150 for a round
But 500k can not get u all things needed now
My bro started 2020 and he didn't get everything once

phone charging 400 per phone una too dey play shaa

DEROX:
But what of repercussions i no wan die young oo i knw its oshole

no be repercussion be the problem na to get legit ,the go just chop ur 400k giv u dude osun make u go baff no see level at end bro,scammers plenty

RockyEyo:
Grow ur mind my brother..... stop thinking in this fashion I'm not ur enemy, we are only seeking a common solution I only offered my own brain to be picked.
I don't kw what informed u of the fact that I'm bigger than my clients but if u read well u will see that I only said chose ur client don't let the client chose u.... don't be too ordinary..... if u still don't get it then ......

To rockyeyo & love800,I was following up your debate, about laundry/dry-cleaning business my brothers both of you are right,
I once worked in a laundry shop, we were Three staffs, we have much customers we do work Monday to Saturday,yet our boss can hardly pay us as at when due.
at a time he was not able to pay at all, we were angry
When it's time for payment he will stop coming to shop, his wife will be the one in charge for the period he is away
We keep wondering why he is not paying us despite all his numerous customers.
My colleague stops working I was alone in the shop working and taking records that was when I knew the reason he could not pay us,it was a terrible experience
Despite the hard work, working days and nights I hardly get buck money to remmit.

Love800:
Traffic brings the income na!

Know which client!
Is it everybody you will be studying!
Is it just for from physical looks you will know which client is able and which is not!

You will need to try and test the client first and see if you will gain positive outcomes.
You can't tell a laundry man who is just starting to be rejecting customers!
So you nor want make he chop!

To rockyeyo & love800,I was following up your debate, about laundry/dry-cleaning business my brothers both of you are right,
I once worked in a laundry shop, we were Three staffs, we have much customers we do work Monday to Saturday,yet our boss can hardly pay us as at when due.
at a time he was not able to pay at all, we were angry
When it's time for payment he will stop coming to shop, his wife will be the one in charge for the period he is away
We keep wondering why he is not paying us despite all his numerous customers.
My colleague stops working I was alone in the shop working and taking records that was when I knew the reason he could not pay us,it was a terrible experience
Despite the hard work, working days and nights I hardly get buck money to remmit.
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faith

binary123:
To rockyeyo & love800,I was following up your debate, about laundry/dry-cleaning business my brothers both of you are right,
I once worked in a laundry shop, we were Three staffs, we have much customers we do work Monday to Saturday,yet our boss can hardly pay us as at when due.
at a time he was not able to pay at all, we were angry
When it's time for payment he will stop coming to shop, his wife will be the one in charge for the period he is away
We keep wondering why he is not paying us despite all his numerous customers.
My colleague stops working I was alone in the shop working and taking records that was when I knew the reason he could not pay us,it was a terrible experience
Despite the hard work, working days and nights I hardly get buck money to remmit.

Smile, imagine this ; u are doing a bus shuttle and u get to a bustop a passenger gets down and says please I will pay u next week.... what would u say? I guess in other for the fellow not to get upset u let him go?? Just a scenario.

Do not do business on credit
Do not do business on credit
Read it slowly
Do not do business on credit

If not u and ur soft mind go soon enter village go beg for small space for ur papa House.

Be very official in ur dealings it drives away familiarity...... create an environment that keeps debtors at bay, see I do business n I'm really friendly but the environment won't allow u owe me, the only mone I'm being owed is based on contract and even that I still put a control on it. Truth is if you keep thinking this customers are doing u a favour u will keep suffering this. And so many of them will end up not paying if I don't kw what to do with my time I will go and play football and hang with the boys

sircrabo:
Even if he trades FOREX, he will likely looses because his expectations are high. 20k per day that's more than 100%. And I'm sure he lost money in the past trading that way

Check out my portfolio plan in the response 3-5% daily ROI is achievable in FX bro (I am a living witness) . The problem with most people is greed and over confidence that the market will always go in their predicted directions. However, the market can't be predicted trading should be done in probabilities with a guided plan. I bet it you will achieve 3-5 % daily returns above all a diversified investment is the best

mkoabiola:
I have d money .

I don think of d biznes to do with 500k

queue behind me, I'm leaning fast,I'm not leaving here with the mindset I use to have.however business updates must drop

I will be back here to share an insight on this post.

winj3:
From the responses, it is clear Nigerians are people who don't like taking risks rather prefer quick cash and because they are gullible towards religious men the best business for them is PASTOR business.

If ₦500k is all you have, consider mobile or digital ministry:

Online Ministry (YouTube, WhatsApp, TikTok):

Invest in a good smartphone + ring light.

No hall rental, minimal equipment.

₦500k is enough to start and grow a following.

Street Evangelism or Community Outreach:

Speaker + microphone backpack setup.

Use local parks, streets, or event tie-ins.

Focus on small gatherings or cell fellowships.

Did you consider if the op was a Muslim or atheist?

Wow

I appreciate.

I will rent a land and start my cassava journey soon.

Thanks alot.

But will i have a shop for this? Sorry this will be my last question.

gammarays:
Depends on the location of his farm. There are people who fry garri. Just enquire around. They're more and cheaper in the villages.
Village farming is better and cheaper but selling the garri in town will give more money.

Okay.

Nice.

Have a good day ahead.

ambale:
That's where the problem is, you're still looking at it from a small business point of view

Every business person have close friends too, but any friend that can put your business at risk of closing up is never your friend

Whatever business you later decide to venture into, don't mix your business with pleasure

If at all you want to be succeed in it

How do you sell your digital product pls. What is the process. Can you pls lecture me?

If i should ask, what digital product do you sell?

LegitPlug:
There are businesses you can do with the 500k but you would need to use part of the 500k to get started.

First, POS hawking as I like to call it.
I have an in-law who told me she makes over N150,000 from every 600k cash. The trick is the more cashpoint you have, the faster you make your profile.
Using myself as an example, I withdraw N30,000 about 6 times every week paying between N300 and N400 each time, that's about N1800 charges every week. Now imagine having 10 regular customers giving you N1700 4 times in a month, thats roughly N170,000. Then other random customers who pay N100 for every N5000, thats more income. If you subtract the bank charges, no way you wont make minimum N200,000 profit after paying your workers.

Reselling of digital products.
I wont be specific on this and wont entertain any questions but there are products that are highly demanded but there are few people with the product which are also limited. I personally make between 70k every 2 days from one of my local customers and between $40 and $250 per transaction from different marketplace.

Finally, your skill/knowledge
A man's skill/knowledge would always make a way for him. If as a Nigerian you have no bankable skill, knowledge or experience from childhood till now, if you're given N5billion you'd use it to buy McLaren

How do one actually start forex?

How do i engage in it?

I want to learn it and start using it. If it benefits me, i continue, but if it doesn't benefit me, i quit.

I want to start, but don't know how!

sircrabo:
Even if he trades FOREX, he will likely looses because his expectations are high. 20k per day that's more than 100%. And I'm sure he lost money in the past trading that way

How do one start forex?

I want to engage in it and start using it. If i see benefits, i continue. If it doesn't favour me, i quit!

I want to start but don't know how!

spiSeyi:
Check out my portfolio plan in the response 3-5% daily ROI is achievable in FX bro (I am a living witness) . The problem with most people is greed and over confidence that the market will always go in their predicted directions. However, the market can't be predicted trading should be done in probabilities with a guided plan. I bet it you will achieve 3-5 % daily returns above all a diversified investment is the best

Love800:
Wow

I appreciate.

I will rent a land and start my cassava journey soon.

Thanks alot.

But will i have a shop for this? Sorry this will be my last question.

The land you're to plant on has to be secured and free of dragging later

You don't need a shop unless you're selling directly to consumers. You can even store in your house if you have space. It's good to try it so you can get real hand experience on the good or bad before you expand.

emperor4love:
phone charging 400 per phone una too dey play shaa

That's true. Not everything is a lie.

Better believe this one because it's the truth.

Love800:
How do one start forex?

I want to engage in it and start using it. If i see benefits, i continue. If it doesn't favour me, i quit!

I want to start but don't know how!

If you don't mind I can show you the way just send a PM, meanwhile I am not showing you the get quick rich syndrome side of FX that has been sending ppl to financial oblivion. 3-5% is guaranteed

I appreciate you.

You just opened my eyes!

Well-done.

gammarays:
The land you're to plant on has to be secured and free of dragging later

You don't need a shop unless you're selling directly to consumers. You can even store in your house if you have space. It's good to try it so you can get real hand experience on the good or bad before you expand.

How do i PM you pls.

The pm, is it another form of message?

spiSeyi:
If you don't mind I can show you the way just send a PM, meanwhile I am not showing you the get quick rich syndrome side of FX that has been sending ppl to financial oblivion. 3-5% is guaranteed

Love800:
How do i PM you pls.

The pm, is it another form of message?

Go to my signature/profile and send me a message

Alright.

I understand now.

Appreciate.

spiSeyi:
Go to my signature/profile and send me a message

Stephen0mozzy:
Well, it's not too much, but the fact is that if you're expecting that kind of profit, the business you'll want to start should be a buy-and-sell operation. Something where you can place orders and resell at a profit margin, you understand?

For example, you could order something from the village market during peak market days, bring it to the city, and sell it there. That way you're guaranteed to make profit from whatever you've spent that day.

But if you're hoping to start any business that involves renting a shop or buying shop items to set up the business, then by the time you handle the business setup, you're already eating deep into your capital.

So what I'd advise is to keep pushing whatever brought you that ₦500k and then start doing Local "dropshipping". You can reach out to people selling gadgets, phones, laptops, and stuff, then start advertising on your WhatsApp status. If you're already getting traction, you can also run ads and post on sites like Facebook Marketplace and Groups, jiji. Post the items you have available, then when people want to buy, the capital that would have gone into setting up a physical shop and premises can instead go directly into getting the goods you'll be selling.

Very intelligent advise. This makes a lot of sense.

Thanks alot.

Alot on this thread don't know the difference between profit and revenue.

That a business makes ₦20k daily doesn't mean they made ₦20k as profit.

Profit is what is left after deducting all the factors that closed the deal.

Please who can reliably tell me the current cost of brand new tricycle(Keke)
Some few persons I asked earlier said is between 2.7-3.5 million.
Does it cost up to that?Almost the cost 1 korokpe.

samuelson06:
Consider food business. There are good ideas here on that already. Go for it but avoid perishables.

Is there any food item that is non perishable?

Kobicove:
Is there any food item that is non perishable?

Garri can last with you for months. You can sell yams, potatoes, etc before they perish in your hands. Rice and beans are not perishable.

hartson:
Please who can reliably tell me the current cost of brand new tricycle(Keke)
Some few persons I asked earlier said is between 2.7-3.5 million.
Does it cost up to that?Almost the cost 1 korokpe.

Yeah, that's the price. Na Naira devaluation etc cause am. However, It is brand new while korokpe is a coupling of scrap parts.
Meanwhile, what do you plan to do with it, to ride it yourself or hiring it out to people? Some parts of transport business is somehow nowadays.

sped1oro:
I will be back here to share an insight on this post.

What is the insight?